REG - Fair Oaks Income Ltd Fair Oaks Incm- FA17 Fair Oaks Income2014 - Result of Class Meeting and EGM

Fair Oaks IncomeAnnouncement

31/10/2025 11:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251031:nRSe7219Fa&default-theme=true

RNS Number : 7219F  Fair Oaks Income Limited  31 October 2025

31 October 2025

 

Fair Oaks Income Limited

(the "Company")

 

(Incorporated in Guernsey under The Companies (Guernsey) Law, 2008, as
amended, with registered number 58123 and registered as a Registered
Closed-ended Collective Investment Scheme with the Guernsey Financial Services
Commission)

 

Result of Class Meeting

 

Fair Oaks Income Limited (the "Company") announces that, at the Class Meeting
of the Company held earlier today at 10:00 a.m., all resolutions were passed
on a poll.  The proxy votes received by the Company were as follows:

 

 Special Resolution                                                  For                 Against        Withheld*
                                                                     Votes        %      Votes    %     Votes
 1.    Consent to resolution 1 of Extraordinary General Meeting.     206,063,197  99.87  277,700  0.13  75,389

 

*A vote withheld is not a vote in law and is therefore not counted towards the
proportion of votes "For" or "Against" the resolution.

 

The full text of the above resolution is detailed below:

 

1.     That the holders of Class Shares hereby sanction and consent to:

 

1.1. the passing and carrying into effect, as a special resolution of the
Company, of resolution 1 contained in the notice of extraordinary general
meeting of the Company dated 13 October 2025; and

 

1.2. any variation or abrogation and/or deemed variation or abrogation of the
rights attached to the Class Shares which will, or may, result from the
passing and carrying into effect of the resolution referred to in the
foregoing sub-paragraph of this resolution and/or the implementation of the
Proposals (as defined in the circular to Shareholders of the Company dated 13
October 2025).

 

Result of Extraordinary General Meeting

 

The Company further announces that, at the Extraordinary General Meeting of
the Company held earlier today at 10:15 a.m., all resolutions were passed on a
poll.  The proxy votes received by the Company were as follows:

 

 Resolutions                                    For                 Against        Withheld*
                                                Votes        %      Votes    %     Votes
 Special Resolution

 1.     Revised Articles of Incorporation.      222,935,475  99.92  174,509  0.08  41,591
 Ordinary Resolutions

 2.       Continuation of the Company.          223,046,028  99.97  65,581   0.03  39,966
 3.       Redesignation of 2021 Shares.         222,985,270  99.94  124,030  0.06  42,275

 

*A vote withheld is not a vote in law and is therefore not counted towards the
proportion of votes "For" or "Against" the resolution.

 

The full text of each resolution is detailed below:

 

1.   THAT the draft amended and restated articles of incorporation in the
form produced to the meeting and initialled by the Chairman of the meeting for
the purposes of identification be and are hereby adopted as the articles of
incorporation of the Company in substitution for, and to the exclusion of, the
Company's existing articles of incorporation.

 

 

2.    THAT the continuation of the Company's business as a registered
closed-ended collective investment scheme be and is hereby approved.

 

3.    THAT the 2021 Shares issued in the capital of the Company as at the
date hereof be redesignated as ordinary shares of nil par value in the capital
of the Company ("Ordinary Shares") having those rights and privileges as set
out in the New Articles.

 

The full form of the amended and restated articles of incorporation will be
available for inspection on the Company's website at www.fairoaksincome.com
(http://www.fairoaksincome.com) and on the FCA's National Storage Mechanism in
due course.

 

LEI: 2138008KETEC1WM5YP90

 

Enquiries:

 

Fair Oaks Income Limited

Email: contact@fairoaksincome.com (mailto:contact@fairoaksincome.com)

Web: www.fairoaksincome.com (http://www.fairoaksincome.com)

 

Fair Oaks Capital Limited

Investor Relations

DDI: +44 (0) 20 3034 0400

Email: ir@fairoakscap.com (mailto:ir@fairoakscap.com)

 

Apex Fund and Corporate Services (Guernsey) Limited

Email: fairoaksgrp@apexgroup.com (mailto:fairoaksgrp@apexgroup.com)

 

Deutsche Numis Securities Limited

Nathan Brown, Corporate Broking

DDI: +44 (0) 20 7260 1426

Email: n.brown@dbnumis.com (mailto:n.brown@bdnumis.com)

 

Panmure Liberum Capital Limited

Chris Clarke, Investment Banking

DDI: +44 (0) 20 3100 2190

Email: chris.clarke@panmureliberum.com
(mailto:chris.clarke@panmureliberum.com)

 

Fair Oaks Income Limited

 

Fair Oaks Income Limited is a registered closed-ended investment company
incorporated in Guernsey. The Company was admitted to trading on the
Specialist Fund Market of the London Stock Exchange (now the Specialist Fund
Segment of the Main Market of the London Stock Exchange) on 12 June 2014.

 

The investment policy of the Company is to invest (either directly and/or
indirectly through FOIF II LP and FOMC III LP) in US and European CLOs or
other vehicles and structures which provide exposure to portfolios consisting
primarily of US and European floating-rate senior secured loans and which may
include non-recourse financing.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ROMUAUARVKUROAA



            Copyright 2019 Regulatory News Service, all rights reserved